Science & Technology - page 12

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India Joins GenAI Race

India is planning a GenAI project tailored to the nation’s unique cultural and linguistic diversity.

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Amphitrite Optimizes Maritime Shipping and Ocean Cleanup With AI and NVIDIA Earth-2

Amphitrite, a French startup powered by NVIDIA technology, helps ships reduce travel time, fuel use, and emissions by predicting ocean currents and simulating different weather conditions.

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Meta Reports Its Financial Results

On Wednesday, January 29, in after-hours trading Meta’s shares demonstrated slight growth against the background of the fact that this technology giant published its earnings for the fourth quarter of 2024 and the whole of last year.

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IBM Shares Increase on Earnings Beat

IBM on Wednesday, January 29, released information about its earnings for the fourth quarter of 2024, which exceeded Wall Street’s preliminary expectations.

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Microsoft Reports Earnings

On Wednesday, January 29, during the extended trading, the value of Microsoft shares fell by as much as 5% after the technology giant released its results for the second fiscal quarter, which showed the growth of Azure cloud computing services below preliminary expectations.

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Alibaba Releases New Version of Its AI Model

Chinese technology company Alibaba on Wednesday, January 29, released a new version of its artificial intelligence model Qwen 2.5.

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DeepSeek Faces Cyberattack

Chinese startup DeepSeek announced last Monday, January 27, that it would temporarily limit registrations due to a cyberattack after the brand’s artificial intelligence assistant suddenly became very popular.

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Donald Trump Comments DeepSeek Success

The President of the United States, Donald Trump, said last Monday, January 27, that the technology of the Chinese startup DeepSeek should be a spur for US companies.

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Donald Trump Says Microsoft Looks to Take Control of TikTok

The President of the United States, Donald Trump, said last Monday, January 27, that Microsoft is on the list of US companies that are considering taking control of TikTok to help this app avoid being banned from further operation in the country.

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Humanity Protocol Secures Valuation of $1.1 Billion

Humanity Protocol has secured a fully diluted valuation of $1.1 billion after raising $20 million in a funding round co-led by Jump Crypto and Pantera Capital.

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Nvidia Sheds Almost $600 Billion in Market Cap

On Monday, January 27, Nvidia’s market capitalization decreased by almost $600 billion which is a record one-day drop in the history of companies based in the United States.

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Perplexity AI’s New TikTok Deal Reportedly Offers US 50% Stake

The media published information according to which the search engine startup Perplexity AI has revised its plans to merge with TikTok.

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China’s DeepSeek AI Model Wreaks Havoc on Tech Stocks

The success of an open-source AI model, DeepSeek, created by a Chinese startup, caused significant declines in major tech stocks, including Nvidia, Microsoft, and Meta.

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Texas Instruments Gives Dour Q1 Profit Forecast

Texas Instruments has published a profit forecast for the first quarter of the current year, which turned out to be lower than analysts’ preliminary expectations regarding the dynamic of the corresponding indicator.

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Meta to Begin Testing Ads on Threads

Meta Platforms Inc. will begin testing advertisements on its microblogging service Threads in collaboration with several companies in the United States and Japan.

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Meta Plans to Spend as Much as $65 Billion on AI Efforts in 2025

Meta Platforms Inc. chief executive officer Mark Zuckerberg said on Friday, January 24, that in the current year, this technology giant intends to invest up to $65 billion in projects related to artificial intelligence.

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